Todd Tressider is no stranger to The Art of Passive Income. On this week’s episode, Mark and Scott welcome him for the third time to the show.
Todd Tressider is an investment and entrepreneurial expert who has founded Financial Mentor, a platform that is used to educate business owners and investors about the wealth-building principles he learned from years as an entrepreneur in the investment management industry. He is recognized as a serial entrepreneur, building many businesses and retiring at the age of thirty-five from his position as a Hedge Fund Investment Manager who is responsible for a twenty-plus million dollar portfolio.
Todd holds a B.A. in Economics from the University of California at Davis where he was apart of the Economics Honors Society and Dean’s List. He has raised a net worth from less than zero at the age of twenty-three to a self-made millionaire twelve years later, using the same personal finance and investment strategies that he taught on his website. He is still an active investor who earns consistent investment returns in both up and down markets.
Listen in as they discuss:
- How to, when to, and where to invest
- How to develop a passive income
- The conventional financial planning model
- The lifestyle model
- The cash flow based model
- Conventional annuity and assets
- Differentiating between effective and ineffective advice
Todd also speaks of his book that outlines his three simple models one of which approaches the idea of how much money do you need to retire.
TIP OF THE WEEK
Mark: My tip of the week is become more and more educated, go to FinancialMentor.com. There is so much wisdom on that site.
Scott: Check out this link lingvanex.com, it’s a phone call translator basically, you can download this app, dial in, and literally have a phone conversation and they will convert your language to their language like you’re having a translator on the line.
Todd: Check out my website FinancialMentor.com, and in terms of the tip of the week: be weary; this is a bubble we are in right now with all these assets rising do not get caught up and just be prudent, do not be standing naked when the tight floats out.
Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?